403 N 1st StBurginKY40310
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 403 N 1st St, Burgin, KY, 40310 in Burgin is straightforward: $114,000 in, $894/mo in rent, $200/mo out after debt service. The 9.41% gross yield and 1.74 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $31,496 by year five. With $1,050/yr in principal equity, the total cumulative return is projected at $56,083.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.5% |
| Monthly Cash Flow | $200 | $800 |
City averages based on Burgin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $894 |
| Total Monthly Debt Service | $648 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1968
1.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40310, Burgin, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 64 (100%) |
| Owner Occupied HU | 41 (64.1%) |
| Renter Occupied HU | 18 (28.1%) |
| Vacant Housing Units | 5 ( 7.8%) |
| Median Home Value | $209,375 |
| Average Home Value | $262,683 |
Housing Distribution
Address Breakdown
Residential
6
Single Family
6
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1968
1.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40310, Burgin, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 64 (100%) |
| Owner Occupied HU | 41 (64.1%) |
| Renter Occupied HU | 18 (28.1%) |
| Vacant Housing Units | 5 ( 7.8%) |
| Median Home Value | $209,375 |
| Average Home Value | $262,683 |
Housing Distribution
Address Breakdown
Residential
6
Single Family
6
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices